David Reiling on Redefining Social Responsibility In The Financial Industry

Redefining Social Responsibility In The Financial Industry: Our Conversation With David Reiling

Recently, on Alan Olsen’s American Dreams show, David and Alan talked about redefining social responsibility in the financial industry.

See David’s Recent Interview with Alan Olsen: https://www.youtube.com/watch?v=ztdtPfH9RAk&t=2s

David’s background

David Reiling is an accomplished social entrepreneur and innovator in the field of community development finance and financial inclusion.

He has been the Chief Executive Officer of Sunrise Banks since 1995, and since then, he has successfully transformed Sunrise Banks into a leading player in the industry, becoming the first Minnesota-based bank to be certified as a Community Development Financial Institution (CDFI) and a legal Benefit Corporation.

Interview addressing redefining social responsibility in the financial industry.

In this interview, David shares his journey of redefining social responsibility in the financial industry, from his early experiences to the present day challenges facing Sunrise Banks.

He discusses how Sunrise Banks has been able to create an innovative approach to client service and address social and environmental issues while remaining competitive in the financial sector.

He also offers insight into Sunrise Banks’ unique approach to responsible banking, which has enabled them to become a leader in their field.

David’s passion for social responsibility and innovative solutions is inspiring, and his story serves as an example of how we can create positive change by using technology and data-driven approaches. He has shown that with the right vision and leadership, it is possible to redefine what’s possible in the financial industry.

 

Social and Environmental Impact Meets Financial Institutions

David Reiling is a leader in the financial industry who has used banking to make meaningful contributions to social and environmental impact. As CEO of Sunrise Banks, he has been instrumental in transforming the bank into a Community Development Financial Institution (CDFI) and Benefit Corporation.

Through these initiatives, Sunrise Banks has provided capital to underserved markets, such as small business and affordable housing, while also addressing environmental issues such as energy efficiency.

David has also used innovation to develop unique banking products that help clients save money and make better financial decisions.

In 2013, he launched the Financial Wellness program at Sunrise Banks, a first-of-its-kind offering that provides customers with access to personalized budgeting, financial education, and access to low-cost products.

In addition, Sunrise Banks is at the forefront of using technology to provide services more efficiently and cost effectively.

Values Based Banks

Sunrise Banks has become a leader in values-based banking, a new type of financial institution that puts social and environmental impact ahead of profits. At Sunrise, David leads the charge by focusing on mission-driven investments and socially responsible banking practices.

He believes that banks should strive to be good corporate citizens by investing in their local communities and demonstrating a commitment to environmental sustainability.

Through its innovative tactics, Sunrise Banks has been able to make a positive impact while remaining financially profitable. David has shown that it is possible to create a successful business model based on social responsibility and environmental stewardship.

He believes that this approach will become more prevalent in the banking industry over time as financial institutions increasingly recognize their role in creating a better future.

To view more content like this, click here to subscribe to our YouTube channel

And click here to receive our FREE Newsletter.

Sponsored by:

Thank You!

Posted in
Increase Employee Compensation for Work-Related Expenses

Increase Employee Compensation for Work-Related Expenses

Increase Employee Compensation for Work-Related Expenses The California Supreme Court recently tested the boundaries of Labor Code section 2802, ruling that employers may increase employee compensation by a fixed amount instead of reimbursing employees for work-related expenses. California Labor Code section 2802 requires employers to indemnify (reimburse) employees for all necessary expenses incurred as a…

Motivating Employees Through Today's Economic Crisis - Executive Strategies

Motivating Employees Through Today’s Economic Crisis – Executive Strategies

Are you motivating employees through today’s economic crisis, you will find some executive strategies below helpful.  Tough Times Call for Tough Measures, Rallying the Troops, Circling the Wagons, Bunkering Down may all seem like maxed-out maxims in today’s ailing economy, but what other rallying cries can today’s executives call on? As layoffs and cutbacks ravage…

Tax Haven

Are You Looking for a Tropical Tax Haven?

Are You Looking for a Tropical Tax Haven? Tax Haven The idea of moving overseas in an effort to escape the high price of taxes is not a new one for rich Americans. Many ultra-wealthy Americans have looked at all kinds of different options in hopes of lowering their tax bill. As the federal government,…

Ten Ideas to Enhance Cash Flow

Ten Ideas to Enhance Cash Flow

Ten Ideas to Enhance Cash Flow Managing cash flow is what separates good companies from the truly successful ones. Indeed, your ability to monitor the cash flow of your business can be the vital difference between profit and loss. Here are 10 ideas to enhance cash flow: Assess Your Risk Up Front When you do…